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YellowPotato(Taxicorn)Taxicorn
14 May 2026

Best to confirm with a tax agent or ask ATO for a private ruling


Unlike other countries with CGT such as UK, Australia's CGT isn't an actual tax. It's income tax. So assuming the income tax exempt holds, likely no income tax on disposal.


"Although it is referred to as 'capital gains tax', it's part of your income tax. It's not a separate tax."

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